Do not retaliate: Trump hits China with 124% tariffs, announces pause for others
Donald Trump paused his reciprocal tariffs on all countries for 90 days, retaining a reduced 10% rate. But he hit China with 125% tariffs.
- Trump pauses tariffs on all countries but China
- Tariffs on China hiked to 124% from an earlier 104%
- Trump's tariff pause only for countries that did not retaliate